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The ONE Thing
427. Pillars of Wealth with David Greene
Nov 20, 2023
Former police officer turned real estate mogul, David Greene, discusses the pillars of wealth including saving money, developing skills, and investing. He exposes the deception and motives on social media and emphasizes the importance of embracing challenges and investing in real estate. He also explores choosing challenges to attract desired qualities and the power of competition in personal growth and development.
59:17
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Quick takeaways
- The three pillars of sustainable wealth-building outlined by David Greene in his book 'Pillars of Wealth' include financial discipline, personal development, and investing and managing money.
- David Greene emphasizes the importance of hard work and commitment in wealth-building, challenging the idea of quick fixes and easy paths to success.
Deep dives
Pillars of Wealth: Building True Sustainable Wealth
The podcast episode features David Green, a former police officer turned real estate investor and author. In his newest book, 'Pillars of Wealth,' Green provides a step-by-step guide on how to grow wealth sustainably, dispelling common wealth-building myths. The first pillar focuses on financial discipline, emphasizing the importance of saving and budgeting. Green stresses the need to control emotional impulses and resist the pressure of consumerism. The second pillar highlights the significance of personal development and acquiring the skills required to make more money. It includes chapters on extreme ownership, outworking competition, and continuous self-improvement. The third pillar explores the skill of investing and managing money. Green explains the importance of delayed gratification, making wise investment choices, and actively managing real estate investments. He addresses the misconception of passive income and the need for ongoing commitment to wealth-building endeavors. Through this comprehensive approach, Green offers valuable insights on building true sustainable wealth.
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